Boost Run Inc. Announces Redemption Notice for Public Warrants

What Happened

• Boost Run Inc. filed an 8-K on July 27, 2026 disclosing it delivered a notice of redemption on July 21, 2026 for all outstanding public warrants issued under the Warrant Agreement (originally between Willow Lane Acquisition Corp. and Continental Stock Transfer & Trust Company).
• Any warrants still outstanding and unexercised at 5:00 p.m. New York City time on August 20, 2026 (the “Redemption Date”) will be redeemed for $0.01 per warrant. Holders may instead exercise their warrants for cash prior to that time. Each whole warrant entitles the holder to buy one share of Class A common stock at an $11.50 exercise price (subject to adjustment).

Key Details

• Redemption notice delivered: July 21, 2026; Redemption Date/time: August 20, 2026 at 5:00 p.m. (NYC time).
• Redemption price for unexercised warrants: $0.01 per warrant.
• Exercise price if holder elects to buy shares: $11.50 per whole warrant.
• As of July 24, 2026 the company received $58.8 million in gross cash from public warrant exercises (about 45% of public warrants); if all remaining warrants are exercised Boost Run would expect an additional ~$73.1 million, for total gross proceeds of ~$131.9 million.
• Registered holders were mailed the notice; holders whose warrants are held by brokers/nominees should contact those intermediaries for exercise instructions. Exercise is voluntary and requires action by the holder or their broker/nominee.

Why It Matters

• This notice creates a near-term deadline for warrant holders to decide whether to pay $11.50 per warrant to buy Class A shares or accept the $0.01 redemption payment.
• The company has already received material cash from exercises ($58.8M) and could receive up to an additional ~$73.1M if remaining holders exercise, providing a potential significant inflow of capital.
• Investors should be aware of possible share count increases if warrants are exercised (each exercised warrant converts into one share), and that unexercised warrants will be extinguished after redemption.